News Details

Liberty offers teams chance to invest in F1

– Liberty Media has confirmed that has offered Formula 1 teams the opportunity to invest in the sport, following the FIA giving the required green-light to its acquisition, in a statement issued on Thursday.Liberty, which initially took on an 18.7 per cent stake in Formula 1 last September, is proposing to acquire 100 per cent of the shares in Delta Topco, Formula 1's parent company.Having received the approval of its stakeholders, and the FIA's World Motor Sport Council, Liberty has now revealed plans to provide Formula 1 teams the opportunity to invest."Liberty Media Corporation announced today that it intends to issue cash convertible senior notes in a private offering,"...
Full Story »
8y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

FIA gives green light to Liberty Media's F1 buy-out

The FIA's World Motor Sport Council has given the green-light To Liberty...
8y ago from Pitpass.com

FIA unanimously approves Liberty Media's F1 takeover

Liberty Media's takeover of Formula 1 has been given the green-light...
8y ago from PlanetF1.com

Liberty Media stockholders approve proposals for F1...

Liberty Media has crept closer to its takeover of Formula 1 after...
8y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Can Aprilia dethrone Ducati in the 2026 MotoGP title...

The conclusion of the 2025 MotoGP season saw an unprecedented level of...
10h ago from MotorsportWeek.c...

Aprilia Racing presents 2026 MotoGP livery

Aprilia Racing kicked off 2026 by unveiling its newest MotoGP livery in...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Berta eyes bold move, Arsenal poised to trump rivals...

Arsenal are very interested in signing the Rennes defender Jeremy Jacquet....
4h ago from CaughtOffside.com

Nottingham Forest vs Arsenal Prediction and Betting...

The Premier League is back in action with another round of matches this...
5h ago from SportsKeeda.com

'I didn’t think he had it in him' - Jimmy Floyd...

Former Chelsea hitman Jimmy Floyd Hasselbaink has said that he had doubts...
5h ago from SportsKeeda.com

Lip reader spills what Declan Rice really said in...

Arsenal picked up a win over Chelsea in the Carabao Cup last night, and...
7h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.